Tag: insurtech

In the realm of insurance, the most vital determinant of success lies in pricing strategies. Yet, a dramatic shift in how insurers formulate these crucial decisions remains elusive for many. Which leads us to the pivotal question: How can decision intelligence revolutionise the insurance landscape? Award-winning insurance pricing software provider, Hyperexponential investigates.

Ebury, a prominent global FinTech firm based in London, recently announced its acquisition of Prime Financial Markets, a South Africa-based financial services provider specialising in treasury and financial market advisory and intermediary services.

KYND Limited, a leading entity in cyber risk management, and Consilium, the international (re)insurance broker under the Aventum Group, have announced a significant strategic partnership.  

Lendo, a Saudi Arabia-based FinTech company specialising in Shariah-compliant debt crowdfunding, has successfully secured a substantial Series B funding of SAR 105m ($28 million).

Mulberri, an innovative AI-driven embedded business insurance platform, has recently successfully closed its Series A funding round.

A hard reinsurance market, though challenging, brings forth a unique opportunity for innovation and growth. Amidst the largest capital squeeze in reinsurance since 2008, the market faces reduced capacity, intensifying the need for fast, responsive, and precise pricing strategies as pivotal drivers of growth. Solutions such as Hyperexponential's hx renew are attempting to redefine this space, enabling effective pricing strategies and take ownership of the market.

London-based InsurTech Novidea has revealed that it will be expanding into the Southeast Asian market.

Key Hong Kong FinTech investment stats in Q1-Q3 2023: • Hong Kong FinTech deal activity is on track to reach 28 transactions in 2023, a...

Finland-based Enfuce, a renowned issuer processing powerhouse, has successfully closed an €8.5m follow-on investment round.

Igloo, the first full-stack InsurTech firm from Singapore, announced today its successful closure of a $36m Pre-Series C funding round.